According to the report “North America Vaccine Adjuvant Market,” published by Market Data Forecast, the global market is projected to reach USD 262 million by 2021, at a CAGR of 10.3% from 2016 to 2021.
Adjuvants are compounds that enhance the bodys immunogenic response against antigens. Hence, adjuvants are added to vaccines to increase their ability to induce long-term protection against infections. Vaccine adjuvants benefit in the improvement of novel and advanced vaccine, which was not probable earlier due to less effectiveness of vaccine using only antigen. Adjuvants are progressively used in the advancement of harmless and effective vaccine as they create strong, long-lasting defensive immune response with a high edge of safety against infections.
Vaccine adjuvants are in the process of development, and presently aluminum salts and MF59 are the only adjuvants found feasible for human use. R&D for potent vaccine adjuvants is progressing at a drastic rate after the development of new-generation vaccines. Modern-day vaccines are less immunogenic, thus resulting in the need for more powerful adjuvants for use in vaccines. This has to led to high investments by researchers and scientists to invest in R&D activities for safer and effective vaccine adjuvants, thus enhancing market growth.
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North America Vaccine Adjuvant Market: Drivers & Restraints
This market is largely driven by aspects such as increasing prevalence of diseases such as allergy, cancer, and HIV/AIDS; rising demand for innovative treatment options, and improvement of enhanced vaccine immunization. Upsurge in alliances and acquisitions by private organizations and augmented funding by government bodies for research and development are also expected to drive market growth. Major factor hindering the growth of the vaccine adjuvant market is stringent regulation for development of new vaccines.
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North America Vaccine Adjuvant Market: Segmentation
- Aluminium Salts
- Tensoactive Adjuvants
- Adjuvant Emulsions
- Bacteria derived Adjuvants
- Liposome Adjuvants
- Carbohydrate Adjuvants
By Route of Administration
By Mechanism of Action
- Immuno Stimulants
- Vehicle Adjuvants
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North America Vaccine Adjuvant Market: Overview
The market is bifurcated on the basis of mechanism of action into active immuno stimulants, carriers and vehicle adjuvants. The intramuscular segment is expected to account for the largest share of the global vaccine adjuvants market in 2016. North America is dominating vaccine adjuvant market globally. Growth in the North American segment is mainly driven by the fast increasing elderly population and rising government funding in the North American countries.
North America Vaccine Adjuvant Market: Region-wise Outlook
Based on geography the market is analysed under various regions namely, USA and Canada. North America region is led by USA due to increasing awareness regarding vaccines, followed by Canada. North America holds largest share in the market due to the high adoption of weight loss management services by the huge overweight population.
Key Questions Answered
- What is the current and future Vaccine Adjuvant Market outlook in North America? What trends are affecting the North America market?
- What is the competitive landscape and market share of major players in the Vaccine Adjuvant Market space in North America?
- What are the key, high growth markets that Vaccine Adjuvant Market manufacturers should expand into? Which market segments are growing the fastest?
- What are the unmet needs with the Vaccine Adjuvant Market currently on the market? How will emerging technologies fulfil these unmet needs?
- What is physician perception and market outlook of Vaccine Adjuvant Market ?
- What are the challenges and barriers that have hindered widespread adoption of Vaccine Adjuvant Market?
- A comprehensive mapping of the competitive landscape and the market participants behaviour ?
North America Vaccine Adjuvant Market: Key Players
The key players in the vaccine adjuvants market include MPV Technologies (U.S.), Avanti Polar Lipids, Novavax Inc. (U.S.), Inc. (U.S.), Brenntag Biosector (Denmark), SEPPIC (France), Agenus, Inc. (U.S.), Invivogen (U.S.), SPI Pharma, Inc. (U.S.), CSL Limited (Australia), and OZ Biosciences (France).
Reasons to buy North America Vaccine Adjuvant Market Report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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